Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

Re:Finding Signal in the Noise: Machine Learning and the Mar... by jwr on Saturday March 15, 2025 @10:50PM (#43376633)

The problem is that smart people are the ones being employed, not the ones getting rich.

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by twoodfin on Saturday March 15, 2025 @10:52PM (#43376641)

I am pretty sure anyone who sticks around Jane Street for a while is getting “rich” by any popularly accepted measure.

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by godelski on Saturday March 15, 2025 @11:39PM (#43376801)

I'm pretty sure the parent is implying that there is quite a disproportionate distribution.

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by twoodfin on Saturday March 15, 2025 @11:51PM (#43376843)

Sorry, implying what? That Jane Street quants aren’t getting rich enough?

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by godelski on Sunday March 16, 2025 @02:08AM (#43377191)

Read the comment again

  > The problem is that smart people are the ones being employed, not the ones getting rich.

Employed is a key word. Generalize the point beyond Jane Street if you're still having difficulties. Such general understanding will be necessary if you want to work somewhere like Jane Street.

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by Mistletoe on Saturday March 15, 2025 @11:21PM (#43376743)

Sam Bankman-Fried and Caroline Ellison did for a while…

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